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Wintime Energy Co Ltd Announces FY 2012 Net Profit Outlook Above Analysts' Estimates
Wintime Energy Co Ltd announced that it expects its net profit for fiscal year (FY) 2012 to be approximately RMB 970 million to RMB 104 million, or to increase by 200%-220%, compared to that of FY 2011 (RMB 322,306,396.72). The Company cited the increased coal production as the main reason for this forecast. According to I/B/E/S Estimates, analysts expect the Company's net profit for fiscal year 2012 to be RMB 886.12 million.
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